Year long wedge- Chart patterns dont tell the whole story
Indian Rupee is on year long wedge formation
But its not strictly a technical pattern because INR is in dirty float meaning Central Bank manages its levels. Therefore the chart does not reflect the market participants view
Can't trade this kinda managed chart patterns
But its not strictly a technical pattern because INR is in dirty float meaning Central Bank manages its levels. Therefore the chart does not reflect the market participants view
Can't trade this kinda managed chart patterns
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